![CBDT cannot Amend the Provisions of Law through Its Circular: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "CBDT cannot Amend the Provisions of Law through Its Circular: Supreme Court [Read Order]")
CBDT cannot Amend the Provisions of Law through Its Circular: Supreme Court [Read Order]
The Supreme Court of India recently ruled that the Central Board of Direct Taxes (CBDT) has no power to amend the provisions of the law through...
![Bottling of LPG amounts to ‘Production’: SC allows Deduction [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Bottling-of-LPG-Taxscan.jpg "Bottling of LPG amounts to ‘Production’: SC allows Deduction [Read Judgment]")
Order of Continuation of Anti-Dumping duty made After Expiry of Duty Period is Invalid: SC [Read Judgment]
A two-judge bench of the Supreme Court held that the order of continuation of Anti-dumping duty, made after expiry of the duty period is invalid under the law. While confirming the High Court order,...
Issue of Exemption Notification u/s 11C is purely a Policy Matter of the Govt, No Scope for Judicial Review: SC [Read Judgment]
In a significant ruling, the Supreme Court held that the power vested under the Central Government under section 11C of the Excise Act is purely a policy matter and no judicial review is required in...
Amount Received for Promotion of Formula One Event is Taxable in India: SC upholds Delhi HC Judgment [Read Judgment]
In a significant ruling, Supreme Court of India upheld the Delhi High Court Judgment that, the consideration received by the Formula One Asset Management Ltd (FOAM) as per the license agreement...
![Amount Received for Promotion of Formula One Event is Taxable in India: SC upholds Delhi HC Judgment [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/12/Formula-One-Tax-Scan.jpg "Amount Received for Promotion of Formula One Event is Taxable in India: SC upholds Delhi HC Judgment [Read Judgment]")
A Lessee, Who Reimbursed the Cost of Construction of the Leasehold Property cannot Claim Depreciation: SC [Read Order]
The Title of an immovable property having value of more than Rs. 100/- cannot be deemed as transferred without registration. In a recent ruling, the two-judge bench of the supreme court...
![A Lessee, Who Reimbursed the Cost of Construction of the Leasehold Property cannot Claim Depreciation: SC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "A Lessee, Who Reimbursed the Cost of Construction of the Leasehold Property cannot Claim Depreciation: SC [Read Order]")